Full Issue:

The candidate emphasizes that $40, or higher, oil is not the product of a shortage
of production, OPEC actions, or other cover stories, but of speculation using the
extra “take” to hold the financial system together. EIR’s economics staff shows that’s true.

National

An indicator of how badly the Administration is coming unglued was the June 3 resignation
of Director of Central Intelligence George Tenet, who had served at CIA for seven
years, under Presidents Clinton and Bush “43.” The best readings, from qualified sources,
suggest Tenet wasn’t pushed—he jumped.

International

The new Iraqi interim government was put in place through a process which can be characterized
as a coup—against the United Nations and its special envoy Lakhdar Brahimi, who had
been tasked to help form a government.

“A game with fire on a powderkeg is racing ahead before the complacent eyes of the
progressive world community, which will later scream with horror at an explosion of
regional warfare—though it is still possible to avert that.”

The British and their J.P. Morgan allies battled to stop Sun Yat Sen, modern China’s
founder, for years before Versailles; and after Versailles they backed Japan’s war
against China and against Dr. Sun’s Nationalists, to within a few years of Pearl Harbor.